Hillsborough, NC Real Estate
According to census data in the year 2000 there were 2,294 housing units in Hillsborough.
This represents a 28.7% growth from 1,783 in 1990.
Of those housing units, 2,263 were located in either urbanized areas or urban clusters, and 31 were located in what is classified as a rural area.
Homeownership rate in Hillsborough is about 61.3%.
Hillsborough's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Hillsborough were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1973|
|Median Value of occupied units||$117,100|
|Median Price asked for vacant units||$183,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.64|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$495|
Owners Finance Status
|Second Mortgage & Equity Loan||1.40%|
|Home Equity Loan||13.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20%|